Industry News
Oct 05, 2010 AMSTERDAM - Aircraft leasing company AerCap Holdings N.V. Monday stated that Klaus Heinemann, who has been serving as a member of the company's Board of Directors since 2002 and Chief Executive Officer since April, will retire from those positions. The company's Board has accepted Heinemann's ... Read more
Sep 28, 2010 FORT LAUDERDALE, FLORIDA – Jetscape announced today the appointment of Nigel Turner to its Board of Directors. Nigel, formerly the CEO of British Midland Airways (bmi), will become non-executive Deputy Chairman of Jetscape with effect from the 1st of October 2010. Commenting on the ... Read more
Sep 22, 2010 FRANKFURT - Germany's flag carrier Lufthansa announced Wednesday that its deputy chief executive, Christoph Franz, is to take over the top job at Europe's biggest airline. The airline's supervisory board named Franz as successor to Wolfgang Mayrhuber, who led the airline through a period of expansion.... Read more
Aug 26, 2010 NEW YORK - As American International Group (AIG) continues to move through its long restructuring process, its airline leasing business has seen its fortunes shift a few times. The International Lease Finance Corp. (ILFC) subsidiary is the largest player in the airline-leasing space by asset value and has ... Read more
Jun 30, 2010 DUBLIN - Dublin based aircraft leasing company AWAS, controlled by Terra Firma, announced Monday that Ray Sisson will become its new CEO on August 26th. On behalf of the Board of Directors, its chairman Werner Seifert stated "I would like to welcome Ray to AWAS, the Board believes he is the right person to lead the company in its next stage of development and take advantage of the many opportunities that lie ahead". Ray Sisson began his career in ... Read more
Jun 11, 2010 CHICAGO - Jim Raff is swooping back into the aircraft market, looking for bargains and packing a $600-million bankroll from private-equity giant Carlyle Group. He's hoping to repeat the performance of his last fund, which successfully rode the industry's bust and recovery cycle from 2004 to 2007.... Read more
Jun 06, 2010 MIAMI, FL.- Effective June 1, David Treitel, formerly Chairman, CEO and President of SH&E, Inc.; the world’s largest aviation consultancy and Co-Chair of ICF International’s Energy, Climate and Transportation Practice, has joined Apollo Aviation Group as a Managing ... Read more
May 20, 2010 NEW YORK - American International Group, Inc. (AIG) and International Lease Finance Corporation (ILFC) announced Wednesday that aviation industry veteran Henri Courpron has joined ILFC as President and Chief Executive Officer. Mr. Courpron, 47, succeeds ILFC Vice Chairman Alan Lund, who has served as ... Read more
May 05, 2010 STAMFORD, CT, - Aircastle Limited announced on Monday that Michael Platt will step down as Chief Investment Officer to pursue other business opportunities, effective immediately. "On behalf of Aircastle, I would like to thank Mike for his service to Aircastle and for his contributions to the company," said Ron Wainshal, Aircastle's Chief Executive Officer. Michael Platt became Chief Investment Officer at Aircastle in February 2007.... Read more
Apr 20, 2010 TOKYO - Airbus named French businessman Stephane Ginoux to head its Japanese operations. The France-based firm, part of European aerospace corporation EADS, said in a statement that Ginoux would succeed American Glen Fukushima as chief executive officer at the next board meeting before the summer. ... Read more
